Posted on 02/19/2015 6:50:53 PM PST by blam
Mac Slavo
February 19th, 2015
It’s impossible to predict when and how our economy will finally reach a breaking point, but according to contrarian Shadow Stats economist John Williams it’s coming one way or the other.
The only thing we can do now is to prepare for it and that means stockpiling critical supplies, just like you might for an earthquake or snowstorm, but in larger quantities.
Because, if and when hyperinflation starts people will quickly realize that their dollars are worthless. And as we have seen time and again, and most recently in Russia, when a currency rapidly loses its value the public will have no option but to panic buy everything that isn’t nailed down in an effort to unload their diminishing purchasing power before their currency is completely worthless.
This means, as John Williams notes in the following interview with Greg Hunter’s USA Watchdog, that food and other essential supplies will disappear within a matter of hours.
(snip)
(Excerpt) Read more at shtfplan.com ...
Any dog lover would object to calling him a dog.
(s) nully the American mongrel...
Only those planning to implement the new world order know the day and the hour. Only God knows the day and the hour that He takes it back.
“Only those planning to implement the new world order know the day and the hour.”
That’s an interesting presumption. Why do you think they have an exact time set to have fulfilled their goal to a set implementation? If ‘they’ do indeed have a set date and time, one has to also wonder to what ends ‘they’ would go to ensure success in meeting that goal. If it’s based on some sort of finite, definitive, event such as an astrological/astronomical configuration, then there certainly is a set timeline. What is your thinking as to why a specific date and time?
“Our grandkids and their kids will sit around..... talking about Grandpa’s “Good Old Days” when hot dogs and bacon were only $5 to $6 a pound, a pair of Levi’s was only $50 and a pretty nice car was less than $50,000 dollars.”
Probably the most accurate post of the thread.
Except that this guy retired.
LOL I didn’t mean they have an hour set, but they probably have a general plan. The new world order, if satanic and the Great Tribulation, will be started very subtly and only those who want to see it, will see it. I used the Biblical quote to make it sound better.
I am a post-tribber, too, so I have been mentally prepared for this since the late 70’s. Just didn’t know that those who will be beheaded won’t be facing a guillotine.
You can't be saying that "intense pressure from the political appointees" was only for this one guy. The BLS still has over 2,200 employees and there're bound to be many more that care about the difference between reality and politics.
Do you have insurance?
Some how we went from nation wide inflation to whether I have insurance. That was a bit fast for me, could you please help me understand what we're talking about?.
Really not all that much of a stretch. People carry insurance for the remote chance that something will happen.
For most of the last 100 years or so the national debt has been almost nothing. The debt incurred in the last 6 years is greater than all of the debt incurred from 1900 to 2000.
You seem to think this trend can continue without drastic correction. I’d say you are one of the very few around here that hold that position.
He is evil; My dog is good.
imho it's stupid to pay good money to insure against invasion by Martians but we're digressing here. This thread's about inflation, and what me & the other guys were talking about was different ways to store wealth that are safe from inflation. What you think about the national debt and the things you imagining that I'm thinking about do not affect inflation and do not affect the ways inflation erodes wealth.
You dismiss concerns about hyper inflation (your post 53) and ridicule those who challenge your wonderful insight.
Being prepared is like insurance. Its a backup in case the worst happens. The “worst” is becoming more and more likely and investing your ‘insurance’ in a mutual fund won’t protect you if it happens. Heck the government is already trying to take over peoples retirement accounts which would devastate the mutual fund markets. Yet you propose that as a solution.
The debt most certainly affect inflation and if you don’t see that then you are indeed the wrong person to be offering advice.
If so, they keep very quiet.....
Even as we speak there are 5 or 6 billion people in the world who could not care less about the threat of hyperinflation, and I'm one of them. However I did ask you what you meant about 'insurance' and you were kind enough to answer. So I thank you.
What is the “worst”? Why do you feel it is more and more likely?
Let’s all say it again and again for our PC addled friend.
MONGREL!
MONGREL!
MONGREL!
0bama is a hell of a lot worse than a MONGREL.
Luke 17:1,2, NIV: Jesus said to his disciples: “Things that cause people to stumble are bound to come, but woe to anyone through whom they come. It would be better for them to be thrown into the sea with a millstone tied around their neck than to cause one of these little ones to stumble
0bama will find that it would have been better for him not to be born. This evil being cannot be accorded any semblance of respect for the God fearing.
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